News

Date-05/2017
Final Letting at Stockley Park
Chester Properties and CarVal Investors have exchanged contracts on a ten-year lease on the whole ground floor of 3...
Date-01/2016
CarVal/Chester bag Stockley Park brace
CarVal Investors and operating partner Chester Properties have secured a brace of occupier deals at Stockley Park at...
Date-10/2015
Clyde Retail Park Fully Let
Chester Properties as Joint Venture partners in the Motherwell Investment Fund LP have let Unit 4 at Clyde Retail Park to...
Date-09/2015
All systems go for CarVal at Stockley as Kuehne + Nagel takes UK HQ
CarVal Investors and operating partner Chester Properties signed Kuehne + Nagel for its relocated UK head office at 1...

CASE STUDY - The Saddlers Centre, Walsall

 

Fund purchase for Chester Properties Second Investment Partnership

• Purchased SPV owning company for £50.25 million in February 2004 – Chester appointed as Asset Manager
• 200,000 sq ft in 47 units and 490 space car park
• 23 lease renewals completed within 18 months of purchase
• Zone A Rents increased from £80 to £95 per sq ft
• Car parking income doubled in 18 months
• Undertook comprehensive refurbishment of malls, entrances and car park
• Sold in September 2005 to Invista for £66.5 million